New Penney CEO Is Tapping Former Apple Co-Workers

By

Dana Mattioli

November 10, 2011

In a little over a week as chief executive of J.C. Penney Co., Ron Johnson is already shaking up the department-store chain's management and tapping former Apple Inc. colleagues to help shape his new team.

Penney is close to bringing on Michael Kramer, now chief executive of Kellwood Co., as chief operating officer, people familiar with the matter said. Mr. Kramer previously reported to Mr. Johnson at Apple, where Mr. Kramer was the...